Market Size of North America Seed Coating Materials Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 8.40 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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North America Seed Coating Materials Market Analysis
The North America Seed Coating Materials market is projected to grow at a CAGR of 7.4% during the forecast period 2020-2025. In 2019, North America is the largest geographic segment of the market that accounted for a share of around 40.7% of the overall seed coating market. Seed coating enhances seed performance by the addition of chemicals to protect the seed from pathogens. Seed coating materials market in the country is driven by factors such as seed technology development, low-risk investment, and adoption of advanced farming technologies that necessitates the use of seed coating. While sustainable agricultural practices will lead to higher demand for seed coatings, disposability of coating materials and environmental concerns would create obstacles for market growth.